Why is MCON Rasayan falling/rising?

As of 10-Jul, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs 103.00, which reflects a decrease of Rs 3.0 or 2.83%. The stock has underperformed today, falling 1.19% against its sector. It is also trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week low, being only 2.82% away from Rs 100.1. Over the past week, the stock has dropped 6.28%, and year-to-date, it has seen a significant decline of 50.95%, contrasting sharply with the Sensex, which has gained 7.23% during the same period. There is a notable decrease in investor participation, with delivery volume plummeting by 87.18% compared to the 5-day average.
In the broader market context, MCON Rasayan's performance has been significantly weaker than the benchmark Sensex, which has only declined by 0.20% over the past week. This stark contrast highlights the stock's struggles relative to the overall market. The company's poor performance metrics, including substantial year-to-date losses and low trading volumes, suggest a lack of investor confidence, which is further compounded by the absence of any positive factors to counterbalance these trends. Overall, the stock's recent movement reflects a combination of weak performance indicators and declining investor interest.